SMM, May 29th:
In the spot market, the price quoted today is 136500 RMB138500 per ton. In the morning, the disk price gradually rises, the upstream merchants are more active in shipping, the downstream demand remains weak, and the overall trading atmosphere in the Shanghai-tin spot market is weak. For Shanghai tin 2007 contract, Yunxi Shengshui 4500won 5000 yuan / ton, ordinary Yunzi Shengshui 3500 RMB4000 / ton, and small brand water 3000 yuan / ton.

![The Most-Traded SHFE Tin Contract Opened Lower and Then Traded Stronger, Spot Market Recovers Amid Downtrend [SMM Tin Midday Review]](https://imgqn.smm.cn/usercenter/WWXJU20251217171753.jpg)
![The most-traded SHFE tin contract fluctuated rangebound during the night session, with downstream enterprises mostly following up with small-lot transactions. [SMM Tin Morning Brief]](https://imgqn.smm.cn/usercenter/bYFQn20251217171752.jpg)
